₦airaland Forum

Image123:
Who are the they he's talking about? Was this lambarian not there with GEJ for 6 years? Or ports started in Nigeria in 2015?
BTW, help me commiserate with Datti. i heard he was very incoherent and crying uncontrollably today. Obi's fans have been asking for tears for some weird reason, now they get it from their man.

realone12:
noticed that too.
too much reckless trading in last month's contest is likely the reason.
still moving Sha. I'm in around number nighty something with $113,500 equity
still trying to find way to break into top 50 by God's grace

Mystiquefia:
May the blue pips be with us all next week guys.

Who else noticed that TFT reduced the lot size for highly volatile pairs from 2lotsize to 1(gold&silver) and even below 1? The overleveraging from last contest was something else
It's a recipe to blow your Prop account quickly and they know this

cescky:
my bosses..
novice here....i normally trade usdchf and eurusd...

i traded gold yesterday and wow, wow wow, lol, am sticking to gold.

i have a question for those that trade s and p 500, us30. etc..are these more lucrative than forex?...because the movement of gold trade i took was sweet, so am wondering if these ones pay better...at the end of the day its money wer after, why settle for 5, if i can get 50?

Elmajeed3597:
wait no DD rule

Donsheddy:
For those that's confused with mff and ftmo d.d rules....


In mff your d.d increases as you go in profit and decreases in loss.....


Example if you start today with 10k balance.
Your d.d will be 5% of 10k which is 500$.

Let's assume you made a profit of 200$ and you start the next day with 10200$.

Your d.d will be 5% of 10200 with is 510....

Same applies if you lose.
Let's assume you loss 200$ and start the day with 9800$ your d.d will be 5% of 9800 which is 490$......


Now d.d Is calculated based on equity or balance which ever one is higher.....


Let's assume at the end of the day you have a running trade which is still in profit 200$. Since you've not closed the trade your balance is 10k dollars....

It is assumed you closed the day with 10200 even tho it's running trade so your d.d will be 510$....

That means if your trade goes back to entry the next day. That means you've lost 2% from your d.d and you're left with 3% of the 10k balance......


Same applies which in loss...

Let's assume your balance is 10k and you end the day with running trades thats in loss of -200%,.

Your d.d for the next day will calculated based on the the balance since it's the higher than equity....

That means you have only have 3% loss for the next day since you're already in 2% loss.....


I think this model is to help curtail over trading.......



But ftmo is fixed at 5% of the 10k given....

If you close the day with 2% profit 10200 the next day your d.d will be only 500% ....

That means you can Loss your 200% profit and extra 300$...

Same applies if you lost your d.d will still be 500 dollars.....


If your trades is running trade....
At the end of the day... Your d.d is calculated from your closing balance not your running trade.....

I don tire to type

friendbee:
Reading again shows its a free show that is y whose guys are firing from all sides, I will get my bazoooka too
If there is DD, they are out long ago

friendbee:
Reading again shows its a free show that is y whose guys are firing from all sides, I will get my bazoooka too

friendbee:
@eddie, realone12 others please fire on. this competition has no rule, no dd nothing . nothing.

Geovanni412:
I have a book on chatgpt. If you guys are interested, i fit drop the link free.

BinaryRocks:
I just lost my mff 5k prop firm to daily draw down

infofirst:
Cool. Keep grinding. The opportunity is closer than you think but keep records that can be verified as well.

infofirst:
Whats usually the average pips for the 0.5%-1.5% risk?

I kind of believe in number of pips made compare to %

infofirst:
He is pushing it

infofirst:
How many pips did you make in the process?

AK284:
Gbam!

Perhaps he should work on himself before looking for opportunity.
Opportunity is the easy part.

infofirst:
Oh...what stats do you have to support your claims

infofirst:
Which opportunity?

Edd1e:
I'm not even in the competition anymore due to Drawdown, said that some pages ago.
Forget those competition stats, most guys with those extreme percentage won't be able to hold down a prop account for couple of months, I think Infofirst attest to that. Get a strategy that can make between 5% to 10% in a month and you are good. Prop trading is a different ball game, with that competition and every competition online, every trader is only playing with high lot sizes for the reward.

sheanzy:
after that, tinubu rally will also kick in


Common get out with ur dumb analysis

Jameselias:
Edd1e
you are the only person doing well in that competition with 0.0% loss and 23.1% gain,
please sir, how are you doing it ?